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C. Journalize the following transactions of Copper Corp. (Omit explanations.) (1) On February 20, Copper declared a $60,000 cash dividend. (2) On March 22, Copper

C. Journalize the following transactions of Copper Corp. (Omit explanations.)
(1) On February 20, Copper declared a $60,000 cash dividend.
(2) On March 22, Copper paid the cash dividend declared on February 20.
(3) On December 15, Copper declared a 5% stock dividend on 160,000 shares of $20 par value common stock
with a market value of $25 per share.
(4) On January 14, Copper issued the stock certificates for the stock dividend declared on December 15.
(5) On February 20, Copper declared a 2 for 1 stock split, exchanging 380,000 shares of $10 par common
stock for 190,000 shares of $20 par common stock.
JOURNAL PAGE
DATE DESCRIPTION POST REF. DEBIT CREDIT
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20 20
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22 22

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